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Plus: Southwest Airlines cuts its quarterly revenue forecast due to changes in passenger booking patterns. The IRS’s watchdog says the agency’s customer-service phone system is inefficient. J.R. Whalen reports.
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Plus: President Biden moves to pardon LGBTQ military service members who were discharged or prosecuted because of their sexual orientation. And, the number of pedestrians killed by drivers remains high. Kate Bullivant hosts.
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Plus: Carnival shares rise after posting an unexpected quarterly profit. And Rivian shares soar in after-hours trading after news of a $1 billion investment by Volkswagen. Danny Lewis hosts.
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Plus: U.S. Surgeon General warns that gun-violence is a public-health crisis. And Israel’s high court strikes down military draft exemptions for ultra-Orthodox Jewish students. Danny Lewis hosts.
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Plus: In a last-minute twist, Boeing offers to fund its acquisition of partsmaker Spirit AeroSystems stock rather than cash. And, Airbus shares sink as the plane maker struggles to hit its targets. Kate Bullivant hosts.
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The AI chipmaker’s fall from the top drags down the S&P 500 and Nasdaq. Plus: Apple and Meta Platforms shares rise after The Journal reported that the Facebook parent company held talks with the iPhone maker about integrating its generative AI model into Apple Intelligence. Danny Lewis hosts.
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Plus: European Union hits Russia with new sanctions on gas exports. And U.S. car dealerships are still struggling in the wake of a cyberattack. Danny Lewis hosts.
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Plus: Apple discusses an artificial-intelligence partnership with Meta. Terrorist attacks in Russia’s Dagestan kill more than 15 police officers and several civilians. Kate Bullivant hosts.
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Plus: Shares in several major banks fall after federal regulators raise concerns about their wind-down plans. Shares in Sarepta Therapeutics jump after its new muscular dystrophy gene therapy receives approval. And Nikola’s stock rises after the embattled EV maker’s board approves a reverse stock split. Danny Lewis hosts.
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Plus: U.S. home prices hit record highs in May. And cyberattacks on a software vendor are forcing thousands of car dealerships to use pen and paper to make sales. Danny Lewis hosts.
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